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Banca Transilvania

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Construction Volume Up 19% In 1H/2020; BT Sees Construction Sector As One Of Most Dynamic Of Post-Pandemic Economic Cycle
Macroeconomics

Construction Volume Up 19% In 1H/2020; BT Sees Construction Sector As One Of Most Dynamic Of Post-Pandemic Economic Cycle

The total volume of constructions in Romania grew 19% on the year in the first half of 2020, an evolution backed by engineering construction (infrastructure), which grew 30%. Nevertheless, t...

Ecaterina Craciun · 17.08.2020 · 11:41 · 1 min
Banca Transilvania Net Profit Down 28% in 1H, to RON607.4M
Banks-Insurance

Banca Transilvania Net Profit Down 28% in 1H, to RON607.4M

Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Friday its net profit declined 28% in the first half of the year, to RON607.4 million.

Oana Gavrila · 14.08.2020 · 09:41 · 1 min
Transgaz, Banca Transilvania Conclude RON300M Lending Agreement
Banks-Insurance

Transgaz, Banca Transilvania Conclude RON300M Lending Agreement

Romania's natural gas transmission company Transgaz (TGN.RO) on Thursday signed with lender Banca Transilvania a "contract of reusable loan facilities and of issuance of guarantee letters" w...

Ecaterina Craciun · 16.07.2020 · 19:16 · 1 min
Report: Nuclearelectrica, Banca Transilvania Meet FTSE Russell Liquidity Criteria In June, A Prerequisite For Promotion To Secondary Emerging Market
Companies

Report: Nuclearelectrica, Banca Transilvania Meet FTSE Russell Liquidity Criteria In June, A Prerequisite For Promotion To Secondary Emerging Market

Analysts with BT Capital Partners, part of Banca Transilvania financial group, said in a report drafted on July 1, 2020 that nuclear power plant operator Nuclearelectrica and lender Banca Tr...

Ecaterina Craciun · 01.07.2020 · 12:52 · 1 min
BT Analyst: Romania’s Economy May Grow Over 2.5%, Leu Depreciates, Financing Costs Decrease
Macroeconomics

BT Analyst: Romania’s Economy May Grow Over 2.5%, Leu Depreciates, Financing Costs Decrease

Romania’s economy has the potential to grow at an annual average rate of over 2.5% in 2020-2022 interval, a scenario backed by a mix of economic policies in the European Union and in Romania...

Ecaterina Craciun · 30.06.2020 · 15:26 · 1 min
SIF Oltenia Signs RON30M Credit Agreement With Banca Transilvania To Pay Dividends To Shareholders
Companies

SIF Oltenia Signs RON30M Credit Agreement With Banca Transilvania To Pay Dividends To Shareholders

Romanian regional investment fund SIF Oltenia (SIF5.RO) on Monday said it signed a credit agreement for the amount of RON30 million, due on December 25, 2020.

Ecaterina Craciun · 29.06.2020 · 19:03 · 1 min
Who Owns Banca Transilvania
Capital Market

Who Owns Banca Transilvania

The five regional investment funds (SIF) and the Pillar 2 private pension funds increased their exposure to Banca Transilvania from 30.5% to 36.4% in 2019, which means they have become the l...

Loredana Frățilă-Cristescu · 09.06.2020 · 09:00 · 1 min
Banca Transilvania CFO Sells RON556,250 Worth Of Lender’s Shares
Banks-Insurance

Banca Transilvania CFO Sells RON556,250 Worth Of Lender’s Shares

Romanian lender Banca Transilvania (TLV.RO) said in a stock market announcement Friday that its Chief Financial Officer George-Razvan Calinescu had sold 250,000 TLV shares on June 3, at a pr...

Ecaterina Craciun · 05.06.2020 · 19:09 · 1 min
Banca Transilvania’s Andrei Radulescu Most Optimistic Economist About Romania’s Economy
Macroeconomics

Banca Transilvania’s Andrei Radulescu Most Optimistic Economist About Romania’s Economy

Interest rates will remain at all-time lows and borrowing costs for Romania, although not dropping into negative territory, will tend towards eurozone levels. Under the circumstances, this i...

Loredana Frățilă-Cristescu · 14.05.2020 · 10:48 · 2 min